consumer discretionary spending

Digital lodging platform Airbnb Inc. (NASDAQ: ABNB) disappointed investors with its outlook for Q2 2023. The popular disruptor and innovator of BnB travel bookings have had gravity-defying growth and earnings throughout the weakening economy. It was a prime example of consumers shifting their...

The Consumer Discretionary SPDR (NYSE: XLY) is experiencing a strong rally after several of its holdings reported better than expected earnings this week. Increased spending on discretionary items is a positive sign for the economy, signaling consumers are confident enough with their current...